Reliance Infra to raise ₹737 cr through foreign currency convertible bonds | Daily News Byte

[ad_1] Reliance Infrastructure has received approval from its board to raise $100 million through unsecured foreign currency convertible bonds (FCCBs), the company said to stock exchanges on Saturday. The company also appointed Sandeep Khosla as its new Chief Financial Officer (CFO), after Pinkesh Shah vacated the post. “The company’s board of directors has approved the…

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Reliance Infrastructure: Reliance Infra set to win Rs 4,600 crore arbitration award from Delhi Metro Rail Corp | Daily News Byte

[ad_1] Anil Ambani’s Reliance Infrastructure is set to receive around Rs 4,600 crore from the Delhi Metro Rail Corporation (DMRC) and the Supreme Court will uphold the arbitration award to that effect. The judge in the composition of judge L. Nageswara Rao and S. Ravindra Bhatt on Thursday set aside a Delhi High Court order…

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Reliance Infra shares: Anil Ambani’s Reliance Infra jumps 5% as SC upholds arbitration award | Daily News Byte

[ad_1] MUMBAI: Shares of the company , part of Anil Ambani’s Reliance Group, touched a record high of 5 percent at Rs 74.20 today after the Supreme Court upheld an arbitration award won by the company against the Delhi Metro Rail Corporation. The company won an arbitral award of Rs 4,600 crore including accrued interest….

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